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Income tax day is always something of a shock, but this year it proved a positive trauma. The reason, paradoxically, was the $11.5 billion tax cut enacted 13 months ago. While Congress reduced income tax rates in a two-stage, two-year process, it slashed the uniform 18% withholding rate to 14% in one swoop. The result was that about 20 million of the nation's 65 million taxpayers did not have enough withheld from their salaries, had to cough up some $500 million more...

Author: /time Magazine | Title: Taxes: Who Has a Dime to Spare? | 4/23/1965 | See Source »

Some students seek to mitigate the trauma of organic chemistry by taking it in summer when it is supposedly easier. (It is not so, incidently, unless you thrive on two hours of class and six of lab every day). One can also spread the load, splitting lectures and laboratories, making it less difficult to receive an honor grade...

Author: By A. DOUGLAS Matthews, | Title: Med School Admission: Pitfalls and Myths | 2/3/1965 | See Source »

Becoming a Man. His childhood in Switzerland was as sheltered as an artist could hope for. The major trauma of his early recollections was being forced to wear overlong underwear at age three, and even that incident he treasured as an early assertion of his "aesthetic sensibility." And if he needed any corroboration, he was simultaneously registering "very precocious, yet extremely intense impressions of the beauty of little girls. I was sorry I was not a girl myself so I could wear ravishing, lace-trimmed white panties...

Author: /time Magazine | Title: Books: Psychic Penmanship | 1/1/1965 | See Source »

...stand up and get out so that the doctors could reach the President. But he collapsed again. Mrs. Kennedy held the President in her lap, and for a moment she refused to release him. Then three Secret Service men lifted him onto a stretcher and pushed it into Trauma Room...

Author: /time Magazine | Title: Special Section: THE WARREN COMMISSION REPORT | 10/2/1964 | See Source »

...position of being able to talk to twelve people who have to listen to what I say. White men usually think the Negro is invisible, they don't look at him. But in court I am the action--they have to look at me. If nothing more, just the trauma of my blackness confronting them in this setting is educative...

Author: By Ellen Lake, | Title: C.B. King | 5/13/1964 | See Source »

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